Settings8H · net · $10k
Funding arb · Price arb /

ERA

all ERA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bybit+0.045%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.045%, 7d avg +0.043%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ERAUSDT0.067330.0100pay 0.0050% / 4h2h 48m$761K$795K25x
ShortMEXC ERA_USDT0.067360.0100get 0.0050% / 4h2h 48m$520K$144K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.045% → +0.043%
$0.12
Slippage, 4 orders
−$178.15
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$193.03
Costs to cover
1.931%
Break-even
never at this rate
Slippage from Bybit: live order book, 16 min ago; MEXC: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 16 min ago4.43 bp80.8 bp −$81608.6 bp −$6,086doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.48 bp17.3 bp −$1766.5 bp −$665488.1 bp −$48.8Kdoesn't fit

ERA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ERAUSDT+0.0100%4h0.06734+0.016%$5K$12K5xas long as short
Binance ERAUSDT+0.0100%4h0.06734+0.015%$2.1M$4.4M25xas long as short
Bybit ERAUSDTlong+0.0100%4h0.06733long leg$761K$795K25x
Gate ERA_USDT+0.0100%4h0.067330.000%$148K$669K25xas long as short
MEXC ERA_USDTshort+0.0100%4h0.06736+0.045%$520K$144K20x
KuCoin ERAUSDTM+0.0100%4h0.06731−0.030%$141K$66K25xas long as short
Bitget ERAUSDT+0.0100%4h0.06743+0.149%$808K$245K25xas long as short
BingX ERA-USDT+0.0100%4h0.06736+0.045%$6.5Mas long as short
Variational Omni ERA+0.0100%4h0.06737+0.059%$10K$594as long as short